Asked by carlos prado on Sep 26, 2024
Verified
Personal values play a minor role in managerial decision making and ethics.
Personal Values
Core beliefs or ideals that guide an individual's behaviors, decisions, and lifestyle choices.
Managerial Decision Making
The process by which managers make choices among alternative strategies or actions to solve problems or capitalize on opportunities.
- Gain insight into how personal beliefs and ethical statures affect managerial decisions.
Verified Answer
JG
Jakiah Glassabout 20 hours ago
Final Answer :
False
Explanation :
Personal values can significantly influence managerial decision making and ethical considerations. Managers' personal values can shape their decision-making frameworks and affect the outcomes of their choices. Managers may reconcile their personal values with their organizational values to make decisions that align with the organization's interests. However, personal values cannot be completely separated from managerial decision making and ethical considerations.
Learning Objectives
- Gain insight into how personal beliefs and ethical statures affect managerial decisions.
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